Cityscape August 2013 : Page 5

To have your meeting listed in next month’s issue of Cityscape , send it by the 10th of the month to Cityscape Calendar, c/o Iowa League of Cities, 500 SW 7th Street, Suite 101, Des Moines, IA 50309; fax it to (978) 367-9733; email it to mailbox@iowaleague.org; or call (515) 244-7282. August 2013 1 East Central Iowa Coalition of Municipalities (ECIC) 8 ICAP Board Meeting 14 Mid Iowa Association of Local Governments (MIALG), Carlisle 15 Southwest Iowa Clerks and Administrators Association (SWICAA) 22 Preserve Iowa Summit, Burlington 22 League Executive Board Meeting 23 Mid-Sized Cities, Marshalltown 23 Tim Shields Annual Golf Fundraiser, Coralville 28 IPAIT Board Meeting September 2013 2 Labor Day -League Office Closed 4 2013 HousingIowa Conference, Coralville 5 IMWCA Board Meeting, Des Moines 11 ISAC Board of Directors Retreat, Le Mars 11 Southeast Iowa City Clerks Association (SEICCA), Way -land 11 Mid Iowa Association of Local Governments (MIALG), West Des Moines 18 Golden Circle Municipal Officers Association (GCMOA), Clive 25 League’s Annual Conference & Exhibit, Dubuque October 2013 9 ICAP Board Meeting 9 Mid Iowa Association of Local Governments (MIALG), Windsor Heights 15 IMWCA’s One-Day Safety University, Ankeny 15 Homeland Security Exercise Evaluation Program (HSEEP), Des Moines 17 ISAC Board of Directors Meeting, West Des Moines 23 Golden Circle Municipal Officers Association (GCMOA), Adair 30 IPAIT Board Meeting League Calendar league news Executive Board highlights The Iowa League of Cities Executive Board met Thursday, June 27 at the Hilton Gar-den Inn in Johnston. Among the items addressed by the board were: • Approved the League Investment Policy and the proposed budget for Fiscal Year 2013-2014. • Received a report on the completion of the League office relocation to 500 SW 7th Street, Suite 101 in Des Moines. • Moved to present two individuals with the Legislative Service Award. • Received reports on the Policy, Nominating and Awards Committees as well as the status of the Annual Conference & Exhibit and the outcome of the 2013 legislative session. • Reviewed the outcome of a joint meeting of the League’s Steering Committee and the Iowa State Association of Counties officers. Minutes from Executive Board meetings are available online at www.iowaleague.org. Election nomination paper rules reminder As the municipal election season nears cities are reminded that the city clerk’s office is required by law to be open until 5 p.m. on the last day to receive nomination papers from candidates. Below are the deadlines for nomination papers to be submitted to the city: • Cities with primary elections – Thursday, Aug. 29, 5 p.m. • Cities with nomination elections (convention or petition) – Thursday, Sept. 19, 5 p.m. • Cities with runoff elections – Thursday, Sept. 19, 5 p.m. The city clerk is not required to be present to accept the nomination papers; the city may designate another city employee or city official to be in the office during the time it is required to be open. In all cases, the nomination papers must be delivered to the county auditor by 5 p.m. the following day. The League has several city election resources, including an election timeline, available on its Web site at www.iowaleague.org. Additional information can be accessed at the Secretary of State’s Web site, www.sos.state.ia.us. Commercial rental properties lien for unpaid water utility services exemption Under Section 384.84 of the Code of Iowa all rates or charges of city utilities and enter-prises for sewage collection and treatment, storm water drainage and management, solid waste collection and disposal, and water distribution are a lien upon a property served when those rates and charges are certified to the county treasurer as unpaid. However, under that Code provision, residential rental properties are exempt from the lien for such unpaid service if the owner or landlord of that rental property gives written notice to the city utility that the property is a residential rental property and that the tenant is liable for those rates or charges. Effective July 1, 2013, pursuant to House File 524 adopted during the 2013 legislative session, this lien exemption will be expanded to also apply to the rates and charges that are paid directly by a tenant of a commercial rental property for water utility services, provided that the landlord of that rental property gives written notice to the city utility that the property is a commercial rental property and that the tenant is liable for those rates or charges. continues on page 10 August 2013 Cityscape 5

League Calendar

To have your meeting listed in next month’s issue of Cityscape, send it by the 10th of the month to Cityscape Calendar, c/o Iowa League of Cities, 500 SW 7th Street, Suite 101, Des Moines, IA 50309; fax it to (978) 367-9733; email it to mailbox@iowaleague.org; or call (515) 244-7282.<br /> <br /> August 2013<br /> <br /> 1 East Central Iowa Coalition of Municipalities (ECIC)<br /> 8 ICAP Board Meeting<br /> 14 Mid Iowa Association of Local Governments (MIALG), Carlisle<br /> 15 Southwest Iowa Clerks and Administrators Association (SWICAA)<br /> 22 Preserve Iowa Summit, Burlington<br /> 22 League Executive Board Meeting<br /> 23 Mid-Sized Cities, Marshalltown<br /> 23 Tim Shields Annual Golf Fundraiser, Coralville<br /> 28 IPAIT Board Meeting<br /> <br /> September 2013<br /> <br /> 2 Labor Day - League Office Closed<br /> 4 2013 HousingIowa Conference, Coralville<br /> 5 IMWCA Board Meeting, Des Moines<br /> 11 ISAC Board of Directors Retreat, Le Mars<br /> 11 Southeast Iowa City Clerks Association (SEICCA), Wayland<br /> 11 Mid Iowa Association of Local Governments (MIALG), West Des Moines<br /> 18 Golden Circle Municipal Officers Association (GCMOA), Clive<br /> 25 League’s Annual Conference & Exhibit, Dubuque<br /> <br /> October 2013<br /> <br /> 9 ICAP Board Meeting<br /> 9 Mid Iowa Association of Local Governments (MIALG), Windsor Heights<br /> 15 IMWCA’s One-Day Safety University, Ankeny<br /> 15 Homeland Security Exercise Evaluation Program (HSEEP), Des Moines<br /> 17 ISAC Board of Directors Meeting, West Des Moines<br /> 23 Golden Circle Municipal Officers Association (GCMOA), Adair<br /> 30 IPAIT Board Meeting

League News

Executive Board highlights <br /> <br /> The Iowa League of Cities Executive Board met Thursday, June 27 at the Hilton Garden Inn in Johnston. Among the items addressed by the board were:<br /> <br /> • Approved the League Investment Policy and the proposed budget for Fiscal Year 2013-2014.<br /> <br /> • Received a report on the completion of the League office relocation to 500 SW 7th Street, Suite 101 in Des Moines.<br /> <br /> • Moved to present two individuals with the Legislative Service Award.<br /> <br /> • Received reports on the Policy, Nominating and Awards Committees as well as the status of the Annual Conference & Exhibit and the outcome of the 2013 legislative session.<br /> <br /> • Reviewed the outcome of a joint meeting of the League’s Steering Committee and the Iowa State Association of Counties officers.<br /> <br /> Minutes from Executive Board meetings are available online at www.iowaleague.org. <br /> <br /> Election nomination paper rules reminder <br /> <br /> As the municipal election season nears cities are reminded that the city clerk’s office is required by law to be open until 5 p.m. on the last day to receive nomination papers from candidates. Below are the deadlines for nomination papers to be submitted to the city:<br /> <br /> • Cities with primary elections – Thursday, Aug. 29, 5 p.m.<br /> <br /> • Cities with nomination elections (convention or petition) – Thursday, Sept. 19, 5 p.m.<br /> <br /> • Cities with runoff elections – Thursday, Sept. 19, 5 p.m. <br /> <br /> The city clerk is not required to be present to accept the nomination papers; the city may designate another city employee or city official to be in the office during the time it is required to be open. In all cases, the nomination papers must be delivered to the county auditor by 5 p.m. the following day.<br /> <br /> The League has several city election resources, including an election timeline, available on its Web site at www.iowaleague.org. Additional information can be accessed at the Secretary of State’s Web site, www.sos.state.ia.us.<br /> <br /> Commercial rental properties lien for unpaid water utility services exemption <br /> <br /> Under Section 384.84 of the Code of Iowa all rates or charges of city utilities and enterprises for sewage collection and treatment, storm water drainage and management, solid waste collection and disposal, and water distribution are a lien upon a property served when those rates and charges are certified to the county treasurer as unpaid. However, under that Code provision, residential rental properties are exempt from the lien for such unpaid service if the owner or landlord of that rental property gives written notice to the city utility that the property is a residential rental property and that the tenant is liable for those rates or charges.<br /> <br /> Effective July 1, 2013, pursuant to House File 524 adopted during the 2013 legislative session, this lien exemption will be expanded to also apply to the rates and charges that are paid directly by a tenant of a commercial rental property for water utility services, provided that the landlord of that rental property gives written notice to the city utility that the property is a commercial rental property and that the tenant is liable for those rates or charges.<br /> <br /> Due dates for various reports <br /> <br /> With the recent end of the fiscal year (June 30), cities are required to file a number of reports that detail various functions and financial activities. Below, reports are listed according to their due dates. Normally, cities receive reports and instructions from the respective government agencies. Additional assistance and contact information is available by visiting the links associated with each agency listed below.<br /> <br /> Due August 31, 2013 <br /> <br /> What: Municipal Electric Transfer Replacement Tax <br /> <br /> To: Department of Revenue <br /> <br /> Info: www.iowa.gov/tax/index.html <br /> <br /> What: Housing and Urban Development (Section 8) Annual Report <br /> <br /> To: U.S. Department of Housing and Urban Development <br /> <br /> Info: www.hud.gov/offices/pih/programs/hcv/semap/ semap.cfm <br /> <br /> Due September 30, 2013 <br /> <br /> What: City Street Finance Report <br /> <br /> To: Office of Local Systems, Iowa Department of Transportation <br /> <br /> Info: www.iowadot.gov/local_systems/publications/sfr/ forms.htm <br /> <br /> Due October 30, 2013 <br /> <br /> What: Perpetual Care Cemetery Annual Report <br /> <br /> To: Insurance Division <br /> <br /> Info: www.iid.state.ia.us/perpetual <br /> <br /> Due November 1, 2013 <br /> <br /> What: Unclaimed Property Report <br /> <br /> To: Treasurer of State <br /> <br /> Info: www.treasurer.state.ia.us/for_businesses/unclaimed_ property_compliance <br /> <br /> Due December 1, 2013 <br /> <br /> What: Annual City Financial Report <br /> <br /> To: Auditor of the State <br /> <br /> Info: www.auditor.iowa.gov/faqs/index.html#a Cities are required to file one paper copy and proof of publication/posting with the Auditor of State. Beginning this year, cities may also file an electronic version of the AFR.<br /> <br /> What: Tax Increment Financing Debt Certification <br /> <br /> To: County Auditor <br /> <br /> Info: www.dom.state.ia.us/local/city/index.html <br /> <br /> What: Tax Increment Financing Annual Report<br /> <br /> To: Department of Management <br /> <br /> Info: www.dom.state.ia.us <br /> <br /> Reports listed above, along with other important municipal dates, are available in the League’s 2013 Clerks Calendar, which can be downloaded at www.iowaleague.org. For additional information please contact the League at (515) 244-7282.<br /> <br /> Still time to designate voting delegate for Annual Business Meeting <br /> <br /> Anyone from a member city is encouraged to attend the Annual Business Meeting, held Friday, September 27, 2013, in conjunction with the Annual Conference & Exhibit. However, each member city is only allowed one vote and must designate a voting delegate. The authorized delegate is the mayor or the mayor’s designated alternate. If the mayor chooses not to attend the conference or will not be able to participate in the meeting, the mayor must designate an alternate, which must be done in writing and submitted to the League 10 days prior to the meeting. A sample letter is available in the Annual Conference & Exhibit section of the League’s Web site, www.iowaleague.org. <br /> <br /> If the mayor has not appointed an alternate in advance, a member city official in attendance may request that the presiding officer of the meeting designate an individual as the voting delegate. The appointed alternate must fill out the appropriate credentials before 5 p.m., Thursday, September 26; this may be done at the conference registration desk. Remember, all this can be done before conference which will save you time once you arrive at the event.<br /> <br /> Rates on the rise <br /> <br /> Provided by IPAIT <br /> <br /> While the specter of rising rates has made for interesting conversation over the last few years, investors were granted a stark preview in the second quarter as rates jumped on changing expectations for the direction of monetary policy. Federal Reserve (Fed) Chairman Bernanke surprised market participants after the June meeting with a more detailed framework for ending quantitative easing. This led to the largest weekly increase in the 10 year Treasury yield in more than a decade at +40bps, and pushed both bond and stock prices substantially lower on the quarter.<br /> <br /> Compelling arguments have been made that both support and discredit the Fed’s ability to begin adjusting monetary policy as early as September. Although consumer confidence hit a five year high during the quarter, a downward revision to first quarter gross domestic product from 2.4 percent to 1.8 percent and a major decline in inflation expectations raised concerns. We believe the Fed that changes in monetary policy will be data-dependent and recognize these may not occur as soon as the market expects.<br /> <br /> The global economic picture has not gotten any clearer, either. The Chinese central bank is facing a liquidity squeeze, which could dampen growth. Indeed, government leaders have been lowering growth expectations recently, fueling a decline in commodities and emerging markets. Offsetting this, Japan is implementing a larger asset purchase program as part of a more aggressive monetary policy. These major initiatives will impact global growth, but how is uncertain.<br /> <br /> Although the market environment continues to shift, the U.S. economy is on firmer footing than a year ago. The path to higher rates will continue to be a winding one, so we remain focused on capturing the major market and economic shifts rather than responding to short-term noise.<br /> <br /> Laurie Mardis, CFA is the Iowa Public Agency Investment Trust’s director of fixed income and may be reached at (515) 224-2719 or lmardis@miles-capital.com.

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